News & Updates
OTTAWA — If there’s a pattern developing in Canada’s economy, it looks more patchwork than anything by design.
The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently jointly released their Emerging Trends in Real Estate report.
Sales in the Fraser Valley in June were the highest for that month since 2005 and ranked as the fourth busiest month ever for MLS sales in the region, the Fraser Valley Real Estate Board announced July 3.
The festive mood of Chinese New Year is continuing to linger in Vancouver’s housing market weeks after celebrations are over.
Cory Raven, managing broker at Re/Max, says Chinese New Year heightens whichever housing trend is dominate in that year. “Any year where we have an already busy market, it seems like Chinese New Year speeds [it] up even more.”
Weekly home sales continue to soar into the Year... read more.
Multiple Listing Service® (MLS®) residential sales in British Columbia are forecast to rise 2.4 per cent to 86,050 units this year and a further 3.9 per cent to 89,400 units in 2016. The ten-year average is 82,100 unit sales. Stronger economic conditions at home and abroad combined with favourable demographics and interest rates are expected to underpin provincial housing demand over the next two... read more.